As per the allegations some officers in the DTC have been exchanging their own Rs 500 and Rs 1,000 notes against smaller value notes collected from passengers as fares and then going to their banks to make the deposits

It is alleged that some officials from Delhi Transport Corporation (DTC) have been depositing huge amounts of demonetised currency notes as bus fares. Transport Minister Satyender Jain on Wednesday ordered a probe into this matter. He ordered the chairman-cum-managing director of the DTC Naresh Kumar to conduct a detailed investigation and initiate the criminal act if deemed fit against the guilty officials. As per the allegations some officers in the DTC have been exchanging their own Rs 500 and Rs 1,000 notes against smaller value notes collected from passengers as fares and then going to their banks to make the deposits, said an official to The Indian Express. Delhi BJP president Satish Upadhyay also wrote to L-G Najeeb Jung, alleging involvement of black money in DTC.
He added, on the condition of anonimity that a probe is being conducted by the vigilance officials of the DTC across all depots in Delhi-NCR. Some terminal managers are being questioned and could be suspended if convicted. A senior DTC official said, “Fare from the two shifts is collected at the end of the day in each terminal and deposited the following day in Syndicate Bank outlets in each depot.” Sources said that over the last week lots of the money deposited in the banks were in old notes of Rs 500 and Rs 1,000 denominations, which drew suspicion because people generally pay amounts as small as Rs 5 and Rs 10 for bus tickets.